how to split social security income?

[Derek Atkins]

"Ken Blaine" <kblaine at neo.rr.com> writes:

> I tried to find answer by searching archives but can't figure out how to
> search. Very different bulletin board than I've seen before. After selecting
> 'english' I see no search box.
>
> Anyway, my actual question involves social security income. My medical
> insurance is deducted automatically. For example 1800(gross) less 100 for
> medical =1700 net automatically deposited to checking. How do I enter the
> 100 to medical expenses without getting an imbalance?

Create a Split Transaction.  Credit Income $1800, Debit Medical $100,
Debit Checking $1700.  See the Gnucash Guide for instructions on how to
enter a Split Transaction.

My recommendation: Enter it from your Checking account.  Put in your
Income account as the transfer account, put in $1700 as your Deposit,
then click the Split button.  Enter 1800 'withdrawal' from the income,
and then when you tab out of that line it will create a new one with
'100'.  Set the transfer account to your medical account and then you're
done.  Note: Never hit the 'Enter' key until you're done.  only use the
arrow keys, tab key, or mouse clicks to move around the register.

Good Luck,

> Thanks
> Ken

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available